TaxStats for postcode 4573 FY2013

Postcode 4573 includes Coolum Beach, Marcus Beach, Mount Coolum, Peregian Beach, Peregian Beach South, Peregian Springs, Point Arkwright, Yaroomba in Queensland, and is in the federal electorate of Fairfax.

In FY 2013 the ATO recorded 13,570 individuals in postcode 4573. Of these people, 13,445 made a taxable income or loss. 10,615 of the population paid a gross amount of tax. After tax offsets, 9,500 people actually paid a net amount of tax. There were 3,945 non-taxable people who paid net tax of $0.

Compare TaxStats of 4573 with QLD

4573 TaxStats FY2013%Ppl#Ppl4573
Total Individuals100%13,570
Salary or Wage 72%9,740$50,384$490,737,071
Gross Interest56%7,655$1,876$14,364,289
Unfranked Dividends8%1,130$582$657,855
Franked Dividends21%2,860$6,012$17,195,100
Dividend Franking Credit21%2,845$2,589$7,365,826
Capital Gains4%560$14,002$7,841,289
Termination Payouts2%315$8,858$2,790,291
Tips/Directors Fees etc18%2,450$4,294$10,519,440
Business Income13%1,715$16,847$28,892,201
Foreign Income6%785$2,419$1,898,994
Government payments9%1,275$5,316$6,777,332
Government pensions7%905$9,199$8,325,303
Total Income or Loss100%13,510$50,987$688,830,188
Charitable Gifts30%4,025$319$1,282,866
Cost of Tax Affairs49%6,715$365$2,449,669
Work Car expenses26%3,465$2,603$9,020,988
Work Travel expenses9%1,190$2,055$2,445,293
Self Education expenses4%520$1,657$861,886
Total Deductions80%10,920$2,954$32,252,938
Taxable Income99%13,445$48,627$653,788,202
Medicare Levy 67%9,055$950$8,605,406
Medicare Surcharge 2%220$1,292$284,213
Gross Tax 78%10,615$11,986$127,235,713
Net Tax 70%9,500$13,364$126,957,131
Average Tax 100%13,570 $9,356$126,957,131
Gross Tax Rate 78%10,615 25%$127,235,713
Net Tax Rate 70%9,500 27%$126,957,131
Average Tax Rate 100%13,570 19%$126,957,131
%PPL is rounded Percentage of total individuals used in the average (AVG).
#PPL is the number of individuals used to calculate the average (AVG).
*Tax Rates calculated from Taxable Income.
*Treat each stat/line item separately. Columns while related do not total due to different numbers of people used in each calculation.

The average taxable income was $48,627. It is estimated that the average taxable income for people who paid a net amount of tax was $63837.

The average net tax paid was $13,364. This equates to an average tax of 27 cents in the dollar on taxable income.

The Medicare levy was paid by 9,055 people for an average of $950. 220 people paid $1,292 on average more for the Medicare surcharge.

9,740 people earned a salary or wage and took home an average of $50,384 each.

Government allowance and payments were collected by 1,275 people for on average $5,316. 905 people received the pension or other allowance.

Charitable gifts and donations of an average of $319 were made by 4,025 people.

The costs of tax affairs for 6,715 people were claimed for $365 each.